ordinary meeting of council to be held on tuesday, 26 april 2005 at ...

Ordinary Meeting <strong>of</strong> Council -26 April 2005 5 / 5
Item 5
S02722
1 April 2005
2003/2004 versus 2004/2005
Accumulative Interest
The following graph compares the interest earned on an accumulative monthly basis for financial
years 2003/2004 and 2004/2005. As at the end <strong>of</strong> March 2005, year <strong>to</strong> date interest earnings <strong>to</strong>taled
$760,400. This compares <strong>to</strong> $717,500 at the same time last year, an increase <strong>of</strong> $42,900.
Accumulative Interest 2003/2004 v's 2004/2005
$1,000,000
$900,000
$800,000
$700,000
$600,000
$500,000
$400,000
$300,000
$200,000
$100,000
$-
2003/2004
2004/2005
July
August
Septem<strong>be</strong>r
Oc<strong>to</strong><strong>be</strong>r
Novem<strong>be</strong>r
Decem<strong>be</strong>r
January
February
March
April
May
June
Total Investment Portfolio
The following graph tracks the monthly investment portfolio balances for 2004/2005 in comparison
<strong>to</strong> 2003/2004.
Total Investment Portfolio 2003/2004 v's 2004/2005
$26,000,000
$24,000,000
$22,000,000
$20,000,000
$18,000,000
$16,000,000
$14,000,000
$12,000,000
$10,000,000
2003/2004
2004/2005
July
August
Septem<strong>be</strong>r
Oc<strong>to</strong><strong>be</strong>r
Novem<strong>be</strong>r
Decem<strong>be</strong>r
January
February
March
April
May
June
During March 2005 Council’s investment portfolio increased by $2,850,000. In comparison, during
March 2004 Council’s investments decreased by $750,000.
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